School Educational Tour Loan

“I hear and I forget, I see and I remember, I do and I understand” – Confucius According to studies, students find it easier to retain more information by experiencing an activity rather than sitting through hours of lecture. Schools that include educational trips as part of the curriculum provide students with the joy of exploration and the opportunity to learn new things through educational trips. Educational tours are a great way for students and teachers to understand, interact and to grasp theory practically.

We understand that many parents are not able to afford the outright expense of a good educational tour and as a result they do not send their wards on educational tour. Due to which the entire educational objectives are not achieved.

We offer educational tour loan solution to schools to overcome these challenges. For more details just call our customer support team.

Product Details

Features

  • Loan Amount – Up to Rs. 10 lacs. (Subject to financier guideline)
  • EMI options (Tenure) – 6 Months / 12 Months. (However, this tenure varies from lender to lender)
  • Collateral Free Loan- You may or may not be required to mortgage a collateral to avail of the loan. (Subject to financier guideline)

Purpose

  • School Educational Tour

Eligibility

  • School recognized by State or Central Board
  • Positive Cash Flow. Underwriting based on actual cash flow analysis of the school, rather than analysing the traditional way of approving loans.
  • Committed Management.

Documentation

  • KYC Documents –ID proof, Residence proof & Pan card
  • Banks statement – Individual, Society, Trust, School
  • Financial documents – ITR / Audit report (If applicable)
  • Constitution Documents – Bye-Laws of Society / Trust, Member list, Copy of recognition and affiliation certificates.
  • Estimated letter of Authorised tour operator / company. 
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